Aflac Global Investments has formed a new partnership with Denham Capital, a global sustainable infrastructure, energy and resources investment firm.
The partnership will seek to expand Denham’s sustainable infrastructure's business.
Aflac Global Investments has made a $2 billion commitment to launch a new debt platform that will invest primarily in the senior debt of sustainable infrastructure projects. The company also has committed $100 million toward Denham's second dedicated equity fund to support the acquisition, enhancement and development of sustainable infrastructure assets.
With the investment, Aflac Global Investments also will hold a non-controlling 24.9 percent equity interest in Denham Sustainable Infrastructure.
“Part of Aflac Global Investments' long-term growth strategy is to identify and partner with successful third-party managers like Denham, which has a track record and is a leading asset manager of infrastructure assets,” said